BofA/Merrill Lynch Upgrades C.H. Robinson Worldwide (CHRW) to Buy
Get Alerts CHRW Hot Sheet
Price: $187.07 +1.10%
Rating Summary:
20 Buy, 14 Hold, 3 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 18 | Down: 12 | New: 24
Rating Summary:
20 Buy, 14 Hold, 3 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 18 | Down: 12 | New: 24
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BofA/Merrill Lynch upgraded C.H. Robinson Worldwide (NASDAQ: CHRW) from Neutral to Buy with a price target of $84.00 (from $68.00).
Ken Hoexter noted transport net margins topped 16% for the first time in seven quarter. The firm is increase 4Q14, 2014, and 2015 EPS estimates 1%, 2%, and 6%, to $0.75, $3.03, and $3.45, from $0.74, $2.97, and $3.25, respectively
For an analyst ratings summary and ratings history on C.H. Robinson Worldwide click here. For more ratings news on C.H. Robinson Worldwide click here.
Shares of C.H. Robinson Worldwide closed at $72.34 yesterday.
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